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Gravity Vault opens 18,500 s/f rock climbing gym at Samanea New York
January 14, 2025
Westbury, NY Lesso Mall Development, dba Samanea New York, the new retail, entertainment and dining destination located at 1500 Old Country Rd., congratulated The Gravity Vault on its grand opening. One of the largest rock climbing brands in the country,
Klein and Stone of Houlihan Lawrence Commercial sell 18,000 s/f retail
January 14, 2025
Yonkers, NY Houlihan Lawrence Commercial brokered the sale of 465-479 South Bdwy. for $4.7 million. The seller was exclusively represented by Garry Klein, regional manager and the purchaser, a regional investor, was represented by
Wendel promotes Holycross to principal
January 14, 2025
Williamsville, NY Wendel has promoted Amber Holycross, AIA, LEED AP ID+C to principal, recognizing her exemplary leadership and commitment to excellence. Holycross is Wendel’s vice president of architecture and its first female practice area
Syska Hennessy launches free Ductulator app for duct sizing
January 14, 2025
Manhattan, NY Syska Hennessy Group, the international engineering firm, has launched an app called the Ductulator, which helps architects, owners, contractors, and mechanical engineers easily determine and specify duct dimensions for HVAC systems.
Stav Equities sells 1,900 s/f retail condo for $2.3 million
January 14, 2025
Manhattan, NY A 1,900 s/f retail condo, located at 174 Duane St. in TriBeCa, has sold for $2.3 million. The tenant is Bibhu Mohapatra, a fashion and costume designer. The property was sold off-market, demonstrating the demand for premium retail assets in downtown.
SMPS-NY hosts panel discussion on opportunities and challenges of commercial to residential conversi...
January 14, 2025
Manhattan, NY The Society for Marketing Professional Services New York Chapter (SMPS-NY), the premier organization for marketing professionals in the architecture, engineering, and construction (AEC) industry, recently hosted an informative panel discussion on
JafCap forms partnership with technology firm Light RFP
January 14, 2025
Manhattan, NY JafCap closed it’s first investment deal with Light RFP, a technology firm specializing in streamlining the request for proposal (RFP) process. This partnership signifies a strategic move for both companies, as JafCap aims to leverage
Matheos Realty Group closes two properties in Bedford Stuyvesant for $2.365 million
January 14, 2025
Brooklyn, NY Matheos Realty Group negotiated the closing of two 3-unit properties in the Bedford Stuyvesant neighborhood. The combined sale price totaled $2.365 million. The first property, located at 120 Ralph Ave., sold for $1.2 million, which equates to $461 per s/f
King and Friedman of Lee & Assocs. NYC lease 8,995 s/f at 45 West 45th St.
January 14, 2025
Manhattan, NY Lee & Associates NYC represented healthcare marketing and communications firm, 120/80 GROUP, in a new four-year and four-month lease at 45 West 45th St. in Midtown. The lease consists of the entire third floor totaling 8,995 s/f.
Ariel Property Advisors arranges sale of 190 Third Ave. - $4.35 million
January 14, 2025
Manhattan, NY Ariel Property Advisors (Ariel) has arranged the sale of a vacant four-story, 5,980 s/f landmarked commercial building with 17,000 buildable s/f of air rights at 190 Third Ave. in the Gramercy Park neighborhood. The property, also known
JEMB Realty signs Rubenstein Law to 5,000 s/f at 1 Willoughby Sq.
January 14, 2025
Brooklyn, NY JEMB Realty signed a 5,000 s/f lease with Miami-based Rubenstein Law for a long-term lease at 1 Willoughby Sq.(1WSQ). Rubenstein Law, recognized as the nation’s leading personal injury law firm, represents clients nationwide and will be relocating
$492 million PACT renovation completed at 1,600 unit Williamsburg Houses
January 14, 2025
Brooklyn, NY NYCHA and partner team, RDC Development, a joint venture between Wavecrest Management and MDG Design & Construction, completed the $492 million comprehensive renovation of Williamsburg Houses as part of the Permanent Affordability
Ahamed of Helmsley Spear leases 7,600 s/f
January 14, 2025
Long Island City, NY Helmsley Spear, LLC represented United Universal Management in the lease of 7,600 s/f located at 33-55 and 33-67 Crescent St. Helmsley Spear’s Showket Ahamed, associate broker, represented the tena
Resource Realty leases 312,567 s/f Maybrook Logistics Center
January 14, 2025
Montgomery, NY Resource Realty of Northern New Jersey (Resource Realty) has arranged a 312,567 s/f single-tenant lease of Maybrook Logistics Center, a newly developed class A industrial project at 134 Neelytown Rd. Firm principals Tom Consiglio, SIOR, and Scott Peck, SIOR, represented the landlord, Brookfield Properties
Eastern Union closes loans from 121 lenders across U.S. in 2024
January 14, 2025
Manhattan, NY In a market beset with stubbornly high interest rates, Eastern Union – one of America’s largest commercial real estate brokerages – placed and closed loans with 121 lenders in 2024.
Message from the president of Real Estate Board of New York - by James Whelan
January 14, 2025
The COVID pandemic dealt a huge blow to urban centers around the country, including New York City. 2024, However, showed New York’s real estate market has positive momentum with significant policy wins and improved market performance. The priority for 2025
Rynne honored by Upstate NY Chapter of Appraisal Institute with the Richard Kelley Memorial Award
January 14, 2025
Rochester, NY The Upstate New York Chapter of the Appraisal Institute awarded, John Rynne, MAI, SRA president of Rynne, Murphy & Associates, Inc. the annual Richard Kelley Memorial Award for 2024.
Morris of Newmark represents Criteo in 21,000 s/f lease at TF Cornerstone’s 387 Park Ave. South
January 14, 2025
Manhattan, NY New York City real estate development firm TF Cornerstone (TFC) made known a 10-year lease extension with commerce media company Criteo at its 387 Park Ave. South office building in the Flatiron District. The new lease, encompassing
Weinraub and Dobosh of HKS Real Estate Advisors arrange $4 million loan for acquisition
January 14, 2025
Manhattan, NY HKS Real Estate Advisors has closed a $4 million loan to fund the acquisition of a newly built commercial condominium in Soho. One Vandam, located at 180 6th Ave., consists of four retail units totaling 14,000 s/f
AmTrust RE acquires 24-story 360 Lexington Ave. for $65.5 million
January 14, 2025
Manhattan, NY AmTrust RE (AmTrust) acquired 360 Lexington Ave., a 268,000 s/f office building located in the Midtown East neighborhood for $65.5million. Constructed in 1959, the 24-story office tower has received renovations in the past few years,